FSC Launches Tailored Financial Counseling for Youth... One-on-One Sessions at Universities and Industrial Complexes

Detailed Plan to Be Developed After Pilot Operation Involving 120 Participants

The Financial Services Commission announced that, together with the Korea Inclusive Finance Agency, it will launch a pilot project for "Financial Counseling for All Youth" from May 18 to May 29, 2026.

This project is a program designed to alleviate young people's financial concerns by providing one-on-one customized financial counseling tailored to each individual's circumstances. The Financial Services Commission established the "Financial Counseling Task Force for All Youth" in February under the supervision of Vice Chairman Kwon Dae-young. The commission has since developed operational procedures, training plans for counselors, and counseling guidelines. The Financial Services Commission plans to announce detailed operational measures within the first half of the year.

This financial counseling initiative will be carried out in collaboration with three universities—Busan University of Foreign Studies, Incheon National University, and Hankuk University of Foreign Studies—as well as three industrial complexes: Banwol-Sihwa, Gumi, and Gwangju Advanced Industrial Complex. The Financial Services Commission plans to work with banks to operate counseling centers within these universities and industrial complexes, providing in-person counseling sessions. For young people who may have difficulty attending counseling at designated times and locations, the commission will also offer on-site in-person counseling services.

The pilot project will accommodate approximately 120 participants, including those recruited in advance through university and industrial complex channels, as well as on-site applicants.

After the pilot project concludes, the Financial Services Commission will conduct a satisfaction survey among participating youth and gather feedback to identify and address any areas for improvement.

Kim Donghwan, Director General of the Financial Consumer Bureau at the Financial Services Commission, stated, "Before fully implementing financial counseling for all youth, it is necessary to ensure that the operational procedures function properly in the field. Based on the results of this pilot project, we will make thorough preparations to proceed with the initiative smoothly."

This content was produced with the assistance of AI translation services.